"H2 2018 is into the sweet spot"
Nice Symbol.
I've checked the revenue and expenses for the first half against the DCF valuation numbers and everything is lining up nicely for the forcast cash surplus in excess of $46m at the end of the year.
The Board are duty bound to pay a hefty % of that as a dividend.
1 cent dividend only costs $5.7 million.
Given that we are expecting $50m surplus next year and even if everything grinds to a halt $17m the following year how many cents do you recon they should part with ?????
Ann: Activity Report Quarter Ended 30 Jun 2018 & Guidance Update, page-12
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5.6¢ |
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Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
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